U.S. Proposes Stablecoin Regulation Principles and AML Obligations

U.S. officials proposed "broad-based principles" for state-level regulation of stablecoins, and disclosed plans to outline AML- and sanctions-related obligations for them in a subsequent plan.
https://www.acams.org/en/news/treasury-pitches-stablecoin-plan-warns-against-race-bottom ($)

#crypto regulation #stablecoins #AML compliance #sanctions #crypto policy